The United States intends to restrict the access of Venezuela to a foreign currency — The Wall Street Journal

In the United States are considering imposing new sanctions against Venezuela, which will restrict the authorities of Caracas to foreign currency. This writes the American edition The Wall Street Journal, citing sources in Washington.

May be prohibited for U.S. banks on transactions with public debt of this country as government bonds and securities of the state oil company PDVSA, which provides 95% of us dollar revenues of Venezuela.

The scarcity of hard currency has already collapsed the value of the Bolivar four times since the beginning of the year and dispersed inflation is critically dependent on the oil exports of Venezuela to 80% in a year, the newspaper notes.

About the imminent tightening of sanctions against Venezuela, on 23 August, said Vice-President Mike Pence.

On July 17 the President of the United States Donald trump has threatened the President of Venezuela Nicolas Maduro «powerful and quick economic action» if he decides to convene a constitutional Assembly.

The Venezuelan President said he did not intend to abandon their plans.

On 26 July the US Treasury Department imposed sanctions against 13 current and former officials of Venezuela.

The Assembly was elected on 30 July, but not recognized by the United States and the European Union.

August 18, the constitutional Assembly passed a decree on deprivation of powers of the current Parliament – the National Assembly.

Prior to that, she has proclaimed itself the highest authority of Venezuela.

The opposition stated that in this way Maduro is creating a dictatorship in the country. During the protests in Venezuela killed more than 100 people.




The United States intends to restrict the access of Venezuela to a foreign currency — The Wall Street Journal 24.08.2017

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Август 24th, 2017 by
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